Anti-Fraud & Financial Crime
Regulatory Intelligence Incorporating 'Fraud Squad'

Financial Crime, Fraud, Tech, UK

LATEST: FCA boss warns Big Tech cannot ‘sit on the sidelines’ amid fraud surge

Premium May 14, 2026

FCA: Nikhil Rathi, the regulator’s chief executive

LATEST: US Treasury flags $8 billion in suspicious foreign-directed transactions

AML Bitcoin CEO convicted of $2M fraud and money laundering scheme Premium

NEWS: FATF to publish initial findings of virtual asset review in June 2027

 Premium

UPDATE: Binance customers pull almost $5 billions after exchange reopens following record hack

By PAUL O’DONOGHUE, Senior Correspondent

BIG Tech companies cannot ‘sit on the sidelines’ amid a global surge in fraud, the chief executive of the UK’s FCA (Financial Conduct Authority) has warned.

Nikhil Rathi said that scam victims lose an average of £25,000 ($34,000), which he said is typically a “life-changing amount of money”.

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LATEST: US Treasury flags $8 billion in suspicious foreign-directed transactions

AML Bitcoin CEO convicted of $2M fraud and money laundering scheme Premium

NEWS: FATF to publish initial findings of virtual asset review in June 2027

 Premium

UPDATE: Binance customers pull almost $5 billions after exchange reopens following record hack

Regulatory Watch News

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